Usak Seramik Sanayi AS (USAK) — Working Capital to Net Assets Ratio
Usak Seramik Sanayi AS (USAK) has a Working Capital to Net Assets ratio of -11.5% as of September 2025. Working capital of TL-513.81 Million (current assets of TL4.26 Billion minus current liabilities of TL4.77 Billion) is measured against net assets of TL4.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Usak Seramik Sanayi AS liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Usak Seramik Sanayi AS Working Capital to Net Assets (2014–2024)
This chart shows how Usak Seramik Sanayi AS's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at -11.5%, reflecting working capital of TL-513.81 Million against net assets of TL4.47 Billion TRY. For the complete balance sheet picture, see USAK total asset value.
Annual Working Capital to Net Assets for Usak Seramik Sanayi AS (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Usak Seramik Sanayi AS from 2014 to 2024, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check USAK asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.0% | TL-101.44 Million | TL3.40 Billion | TL3.45 Billion | TL3.55 Billion | ▼ -13.4 pp |
| 2023 | 10.4% | TL361.33 Million | TL3.47 Billion | TL3.37 Billion | TL3.01 Billion | ▼ -3.6 pp |
| 2022 | 14.0% | TL120.54 Million | TL862.60 Million | TL1.54 Billion | TL1.42 Billion | ▼ -5.3 pp |
| 2021 | 19.2% | TL136.55 Million | TL709.55 Million | TL971.59 Million | TL835.04 Million | ▼ -24.0 pp |
| 2020 | 43.3% | TL171.01 Million | TL395.24 Million | TL628.77 Million | TL457.77 Million | ▲ +7.6 pp |
| 2019 | 35.7% | TL86.94 Million | TL243.56 Million | TL488.37 Million | TL401.43 Million | ▲ +53.8 pp |
| 2018 | -18.1% | TL-32.25 Million | TL177.87 Million | TL354.51 Million | TL386.75 Million | ▼ -30.3 pp |
| 2017 | 12.1% | TL14.92 Million | TL122.98 Million | TL278.37 Million | TL263.45 Million | ▲ +35.3 pp |
| 2016 | -23.2% | TL-27.71 Million | TL119.47 Million | TL246.00 Million | TL273.71 Million | ▼ -39.3 pp |
| 2015 | 16.1% | TL14.98 Million | TL93.32 Million | TL205.43 Million | TL190.45 Million | ▼ -4.8 pp |
| 2014 | 20.9% | TL19.49 Million | TL93.35 Million | TL157.86 Million | TL138.37 Million | — |